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    Garden Grove Commercial Lease Opportunity Title is generated by Realmo AI

    9252 Garden Grove Boulevard, Garden Grove, CA 92844

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    Commercial Lease - Garden Grove, CA

    Property size:
    1,176 SF
    Added:
    Mar 8, 2025
    Days on Market:
    437
    Last Refresh:
    May 19 at 2:06 am

    Property Features for 9252 Garden Grove Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    09857105
    Size
    1,176 SF

    Building Details

    Year built
    1966
    Architectural style
    Other

    We can help!

    Listing Contact
    Sandy Do

    Listing agent Sandy Do License #01384251

    Listing office Triumph Real Estate Solutions 16549 Brookhurst St, Fountain Valley, CA

    Listing date Mar 8, 2025

    MLS# PW25051627 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Versatile units suitable for retail, professional office, medical office, and other businesses
    • Units range from 670 sf. to 1,200 sf.
    • Plenty of parking available
    • Unit 4 (first floor) has two entries on East and West sides
    • Unit 3 currently has 3 rooms for Facial, Skincare
    • Unit 26B (second floor) faces South and has a private restroom

    Overview

    Commercial spaces are available for lease, ranging from 670 to 1,200 square feet. These units present opportunities for various businesses, including retail, professional offices, medical offices, pharmacies, martial arts studios, education centers, gift shops, beauty salons, travel agencies, and real estate offices. Unit 4, located on the first floor, features two entries on both the east and west sides. Unit 3 currently contains 3 rooms suitable for facial and skincare services. On the second floor, Unit 26B faces south and includes a private restroom. The property provides ample parking. The lease structure consists of a base rate plus estimated NNN (triple net) expenses and electrical costs. The property is located in Garden Grove, California. Interested parties are advised to verify details with the city. The property size is 1,176 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    민속촌 Restaurant Primo Skin Clinic ... Medical Clinic OrchidLQ Academy Tutoring Service Past Memories Restaurant Powered By Self ... Consultant

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.970044
    Latitude
    33.773304

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    FAQs

    What type of property is this?
    Retail space - Retail, office, and medical spaces available in Garden Grove.
    Where is this retail space located?
    The property is located at 9252 Garden Grove Boulevard Garden Grove, CA.
    What are key features of this property?
    This property features: Versatile units suitable for retail, professional office, medical office, and other businesses; Units range from 670 sf. to 1,200 sf.; Plenty of parking available
    (714) 653-8633
    We can help!
    Listing Contact
    Sandy Do
    Real Estate License ID: 01384251
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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